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URL:  http://boards.fool.com/hgerhardt-asks-what-kind-of-advice-should-i-give-11081098.aspx

Subject:  Re: My brother made it! Date:  7/23/1999  7:45 PM
Author:  intercst Number:  12512 of 76397

hgerhardt asks,

What kind of advice should I give my brother who has over 3 million from working for Intel and taking in all stock options. He does not want to work anymore, he is 45, single and feels he could live off of 60,000 a year quite comfortably. Where should I direct him so the "wise men" will not take his money? Yes, his money is still in Intell which I would think some diversity would be quite foolish. Hugh

Check out the Safe Withdrawal Rate Calculator at the Retire Early Home Page, see link:

http://home.earthlink.net/~intercst/reindex.html

A $60,000 per year inflation adjusted withdrawal from a $3 million portfolio is only a 2% draw -- that's conservative by any calculation. Having all your eggs in one basket (Intel stock) may be a concern. You may also want to look at "Safe Withdrawal Rates for Concentrated Portfolios", see link:

http://www.geocities.com/WallStreet/8257/concport.html

intercst
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